Loan refinancing to save $2.5 m in interest cost: Redington 

1.50 pm | 21 May 2013 | Source: CNBC-TV18

Raj Shankar, deputy managing director, Redington India says the new refinance terms allows for the loan to be repaid at LIBOR plus 3.5 percent instead...

iGATE CEO Phaneesh Murthy fired on sexual harassment claim

1.25 pm | 21 May 2013 | Source: Moneycontrol.com

The iGate CEO was sacked following an investigation into a relationship he had with a subordinate employee and a sexual harassment claim. Gerhard Watz...

Don't expect revival in power sector orders soon: Thermax 

1.21 pm | 21 May 2013 | Source: CNBC-TV18

Capital goods maker Thermax does not see recovery in orderflow in near term....

Phaneesh Murthy admits to relationship, alleges extortion 

12.42 pm | 21 May 2013 | Source: CNBC-TV18

After iGate sacked CEO Phaneesh Murthy, the world was abuzz with talks of the nature of the offence. Soon after the dismissal, Murthy tackled many unc...

Kotak maintains 'add' rating on India Cements

12.42 pm | 21 May 2013 | Source: Moneycontrol.com

According to Kotak, a meaningful increase in prices of cement (by as much as Rs 30-40/bag) over the weekend coupled with improving volume metrics (7 p...

Yet to get clarity on power price hike: Adani Enterprises 

12.39 pm | 21 May 2013 | Source: CNBC-TV18

Adani Enterprises is looking forward to margin improvement in FY14 , once it starts charging higher tariff from consumers....

Expect bigger rate cuts in India in 2013: Barclays Capital

11.32 am | 21 May 2013 | Source: Reuters

The investment bank also marginally lowers its current fiscal year GDP forecast to 6 percent from 6.2 percent to reflect recent disappointment in econ...

First-half of monsoon to be better than 2012: IMD 

11.25 am | 21 May 2013 | Source: CNBC-TV18

Pai is predicting monsoon to hit the Kerala coast with a little bit of delay- around June 4. ...

Phaneesh Murthy fiasco: What next for iGate?

11.11 am | 21 May 2013 | Source: Moneycontrol.com

iGate Corp has sacked its President and CEO Phaneesh Murthy over sexual harassment claims. The company has named Gerhard Watzinger as the interim CEO ...

Excise duty, higher input costs hurt Q4 nos: India Cements  

10.41 am | 21 May 2013 | Source: CNBC-TV18

Indian Cements has blamed high interest, depreciation and power costs for a 50 percent dent in Q4 bottomline...